Financial services

Article Abstract:

Low inflation and favorable interest rates have led to good earnings in the financial services industry for the 3rd qtr of 1996. Personal income gains, in addition to the interest rate environment and low inflation prospects, are also likely to provide for non-bank lending growth and good earnings for both the near- and short-term. These stocks are timely for 1996 and 1997, and have good price potential for the next three to five years.

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Financial services

Article Abstract:

The financial services industry has proven a timely investment since Sep 1989. Financial services stocks are expected to continue to perform well. The industry is expected to continue to do well during 1997 and throughout the rest of the decade. The moderate economic expansion in the US during the mid-1990s has proven benefit for the profits and stocks of the financial services industry.

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